Saving $200 a month just means you won't have to go into debt when you need to hire a plumber or auto mechanic or have a very-minor, insured ER visit. [EDIT] A

Saving $200 a month just means you won't have to go into debt when you need to hire a plumber or auto mechanic or have a very-minor, insured ER visit. [EDIT] Assuming you don't have more than ~2 such urgent expenses per year, that is. And none worse than that.